Work Location Toronto, Ontario, Canada

Hours 37.5 hours per week

Line of Business Legal

Pay Details $165,000 - $210,000 CAD (temporary market premium, reassessed annually)

Job Overview The Senior Counsel, Wealth Legal, will be a member of the Canadian Wealth Distribution Legal Team located in Toronto. The team provides legal advice and counsel to TD’s Canadian wealth businesses, as well as TD's Canadian retail mutual fund business. This role will focus primarily on legal and regulatory matters relating to registered plans in Canadian retail investment and mutual fund dealer businesses, the sale of bank products through those businesses, and other legal and regulatory matters affecting TD’s wealth distribution businesses.

Key Responsibilities Provide day‑to‑day legal and regulatory advice to Canadian retail investment and mutual fund dealer businesses on registered plan matters and the sale of bank products through those businesses

Advise on compliance with the Income Tax Act and related rules applicable to registered plans

Monitor, interpret, and help implement changes in legislation, regulatory guidance, and industry developments affecting registered plans

Maintain and update specimen plans, trust agreements, declarations, and related documentation to help ensure compliance with legal and regulatory requirements

Support the design, enhancement, modification, and administration of registered plans

Review and advise on disclosure documents, client agreements, forms, and other customer‑facing materials relating to registered plans

Review and approve marketing materials relating to registered plans

Ensure registered plans are aligned with legal requirements,



regulatory expectations, and industry best practices

Advise on a broad range of registered plan issues, including: Transfers

Beneficiary designations

Locked‑in requirements

Plan administration questions

CIRO rules, regulatory developments, policy initiatives, examinations, and inquiries affecting wealth distribution businesses

Support the resolution of client complaints, escalated issues, and regulatory inquiries related to registered plans

Work closely with business, control functions, and other members of TD Legal to provide coordinated, practical, and timely legal support

Build and maintain strong working relationships with internal business and control partners

Support strategic initiatives and change projects affecting the Canadian retail investment and mutual fund dealer businesses and contribute to high‑priority legal department initiatives as needed Job Requirements Law degree from an accredited law school

Qualified to practice law in Ontario

6+ years post‑call legal experience, ideally gained at a major law firm, financial institution, wealth firm, in‑house legal department, or regulator

Strong experience advising on legal and regulatory issues relating to registered plans, CIRO‑regulated dealer businesses, wealth products,



and financial services distribution

Strong knowledge of: The Securities Act

CIRO rules the Bank Act the Trust and Loan Companies Act The Income Tax Act as it relates to registered plans

Applicable federal and provincial pension legislation Strong understanding of the legal and regulatory framework applicable to registered plans and their administration

Experience reviewing and advising on: Client‑facing documentation

Disclosures

Account forms

Marketing materials

Product features and processes Strong analytical, drafting, and communication skills, with the ability to provide transparent, practical advice to business and control partners

Strong judgment and the ability to identify legal, regulatory, and reputational risk in a practical business context

Ability to manage multiple priorities and deadlines while maintaining attention to detail

Strong interpersonal skills and the ability to work effectively across a wide range of stakeholders

Ability to work independently and as part of a team

High level of professionalism, accountability, and responsiveness

Preferred Experience Deep knowledge of the rules and industry practice applicable to registered plans

Experience supporting retail wealth businesses, securities dealers, or financial institutions

Experience advising on legal issues affecting both investment products and bank products

Experience with regulatory change management, legal implementation work, and CIRO‑related regulatory matters

Experience handling client issue escalation or regulator‑facing matters relating to registered accounts

📌 Senior Counsel, Wealth Distribution Legal (Toronto)
🏢 TD
📍 Toronto